Nextdoor Holdings Inc. (NYSE: KIND) kicked off on January 24, 2023, at the price of $2.16, down -1.82% from the previous trading day. During the day, the shares moved up to $2.22 and dropped to $2.03 before settling in for the closing price of $2.20. Over the past 52 weeks, KIND has traded in a range of $1.82-$7.32.
While this was happening, its average annual earnings per share was recorded -12.50%. With a float of $150.02 million, this company’s outstanding shares have now reached $377.76 million.
Let’s look at the performance matrix of the company that is accounted for 723 employees. In terms of profitability, gross margin is +82.84, operating margin of -49.33, and the pretax margin is -49.52.
Nextdoor Holdings Inc. (KIND) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Nextdoor Holdings Inc. is 0.40%, while institutional ownership is 64.30%. The most recent insider transaction that took place on Aug 19, was worth 2,534,368. In this transaction Member of 10% owner group of this company bought 765,000 shares at a rate of $3.31, taking the stock ownership to the 10,917,514 shares. Before that another transaction happened on Aug 19, when Company’s Director bought 765,000 for $3.31, making the entire transaction worth $2,534,368. This insider now owns 10,917,514 shares in total.
Nextdoor Holdings Inc. (KIND) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported -$0.1 earnings per share (EPS), lower than consensus estimate (set at -$0.06) by -$0.04. This company achieved a net margin of -49.60 while generating a return on equity of -21.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.50% per share during the next fiscal year.
Nextdoor Holdings Inc. (NYSE: KIND) Trading Performance Indicators
Take a look at Nextdoor Holdings Inc.’s (KIND) current performance indicators. Last quarter, stock had a quick ratio of 18.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.84, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Nextdoor Holdings Inc. (KIND)
Nextdoor Holdings Inc. (NYSE: KIND) saw its 5-day average volume 1.24 million, a positive change from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 51.04%. Additionally, its Average True Range was 0.12.
During the past 100 days, Nextdoor Holdings Inc.’s (KIND) raw stochastic average was set at 18.99%, which indicates a significant decrease from 59.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.84% in the past 14 days, which was lower than the 71.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.13, while its 200-day Moving Average is $3.04. Nevertheless, the first resistance level for the watch stands at $2.24 in the near term. At $2.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.43. If the price goes on to break the first support level at $2.05, it is likely to go to the next support level at $1.95. Assuming the price breaks the second support level, the third support level stands at $1.86.
Nextdoor Holdings Inc. (NYSE: KIND) Key Stats
The company with the Market Capitalisation of 787.49 million has total of 369,563K Shares Outstanding. Its annual sales at the moment are 192,200 K in contrast with the sum of -95,330 K annual income. Company’s last quarter sales were recorded 53,950 K and last quarter income was -34,720 K.